JP Morgan Upgrades Royal Caribbean Cruises To Overweight

JP Morgan upgraded

from Neutral to Overweight. The price target for Royal Caribbean Cruises has been raised from $83.00 to $90.00. Royal Caribbean Cruises shares have gained 42.87 percent over the past 52 weeks, while the S&P 500 index has surged 12.95 percent in the same period. Royal Caribbean Cruises' shares rose 1.66 percent to $76.98 in pre-market trading.